inventory cycle

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• Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

• cycle counting — cycle count UK US noun [C] ► ACCOUNTING, PRODUCTION, COMMERCE the process of counting a small chosen set of goods and materials owned by a company or available for sale in a store, etc. on each business day rather than having one time of the year …   Financial and business terms

• cycle count — UK US noun [C] ► ACCOUNTING, PRODUCTION, COMMERCE the process of counting a small chosen set of goods and materials owned by a company or available for sale in a store, etc. on each business day rather than having one time of the year, etc. when… …   Financial and business terms

• Cycle Race: Road Man — Title screen of Cycle Race: Road Man Developer(s) Advance Communication Company …   Wikipedia

• Cycle count — A cycle count is an inventory management procedure where a small subset of inventory is counted on any given day. Cycle counts contrast with traditional physical inventory in that physical inventory stops operation at a facility while all items… …   Wikipedia

• Inventory turnover — The Inventory Turnover is an equation that equals the cost of goods sold divided by the average inventory. Average inventory equals beginning inventory plus ending inventory divided by 2. Inventory Turnover EquationThe formula for inventory… …   Wikipedia

• inventory — the value of all the stock of physical items that a business uses in its production process or has for sale in the ordinary course of doing business. Glossary of Business Terms A category of goods defined by Article 9 of the Uniform Commercial… …   Financial and business terms

• Inventory — For companies: Raw materials, items available for sale or in the process of being made ready for sale. They can be individually valued by several different means, including cost or current market value, and collectively by FIFO, LIFO or other… …   Financial and business terms

• inventory — stock; stock in trade 1) The products or supplies of an organization on hand or in transit at any time. For a manufacturing company the types of inventory are raw materials, work in progress, and finished goods. An inventory count usually takes… …   Big dictionary of business and management

• Inventory control system — An inventory control system is an integrated package of software and hardware used in warehouse operations, and elsewhere, to monitor the quantity, location and status of inventory as well as the related shipping, receiving, picking and putaway… …   Wikipedia

• cycle counts — The regular undertaking of *physical inventory checks. Cycle counts are often performed in the context of a *perpetual inventory system, and the term normally refers to the cyclical checking of inventory that covers all categories of products in… …   Auditor's dictionary